5/19/2003

The Tax Cut That Wasn't

I don't own stocks because I don't have the money. I've been a little busy working for money so I can buy a few extras like, oh, FOOD!

If I did own stocks though I would be furious at the so-called tax cut on stock dividends. It is in reality a three-year moratorium.

For more information read this strong opinion from Jacob Levy.

And Virginia Postrel sums up my feelings perfectly when she says.
It's just one more example of why anyone with a brain inevitably develops contempt for Congress.